Retail companies are making a greater push towards providing a personalized and unified shopping experience for online and in-store consumers. IoT in the retail market has been estimated to grow at a CAGR of 20% from $14.2 Billion a year in 2015 to $35.6 Billion in 2020 (source: Markets and Markets). The need to understand consumer behavior, even in offline channels, pushes the retail stores to look for omnipresent analytics by interconnecting the sensors, cameras and point of sale equipment at the site to drive a unified intelligence.
We help our clients in building a comprehensive connected retail solution from the storefront to the back office. eInfochips has designed and deployed multiple solutions for its end clients including In-store retail surveillance, Handheld scanners, Point-of-Sale terminals, Digital Signage Solutions, Inventory management solutions, e-Commerce Solutions and many more.
Why eInfochips for Smart Retail Solutions?
“Top 10 retail security solutions provider” in Retail CIO Outlook magazine
Developed In-store surveillance solution for the world’s 4th largest grocery store chain
Expertise in both in-store and online customer shopping solutions
Experts in Visual Search algorithms for image capture-search-buy in
Unified Test Automation framework for web and mobile platforms.
Reusable Camera Framework
Accelerate your custom IP camera development with our re-usable firmware components/modules.
The technology at the consumer landscape is changing faster than ever. Customers are in constant lookout for convenient and innovate ways for smarter shopping experience. Retailers are looking for technologies that can optimize the store operations and enhance the customer in-store/online experience. We help retailers overcome the technological challenges with solutions to provide a truly connected retail, for cost optimization and better shopping experience to their customers.
Know more about Snapbricks IoT Gateway
We help to integrate your sensors in refrigerators, air conditioners, lighting, doors, etc. for monitoring and managing the energy consumption.
Enhance customer shopping experience by understanding customer journey using pre and post purchase behavior analysis, dwell time analysis, check-out counter queuing, etc. Self-checkout using sensor enabled smart carts.
Building intelligent shelves for automatic order replenishment triggers to store managers, ordering platforms, and vendors (as preferred).
Enabling triggers for preventive maintenance, by remotely analysing equipment/device performance indicators such as device uptime, temperature, vibrations, power consumption etc.
Provide personalized phygital (physical + digital) shopping experience to the customers by enabling welcome messages, guiding to the product placements, providing product info, coupons in their smart phone/device/cart app.
Harmonize your data by integrating your insights from different applications with Point of Sale data. Get a complete view of retail sale activities to enhance the operations across supply, marketing, and sales.
Enhance the shopping experience by reducing the queue time at checkout counters, with insights from the queue count and wait time. Predicting customer queuing for better allocation of staffs at your checkout counter.
Continuously measure the number of people entering your store. The insights will help in calculating conversion rates, average value transaction, staff to customer ratio, replenishment cycles etc. and helps you in being better prepared for seasonality, peak demand days, marketing promotions etc.
Keep a constant vigil on the freshness of food by integrating biosensors with sensors for temperature and humidity at the cold storage units.
Protect your store from thefts and threats, by preventing unauthorized control using video analytics and integration with access control devices. Geo-fencing of store items can be enabled through integration of sensors with the perimeter maps, with remote monitoring & automatic alarms.